Credit stress News
Latest articles and news about Credit stress on AXL Media.
Latest Articles
- South African Households Face Financial Devastation as Rising Energy Costs and Massive Debt Burden Create Perfect Economic Storm
Published: Mar 29, 2026
Section: Africa
High geopolitical tensions and rising oil prices have pushed South African fuel costs toward record levels while electricity tariffs are set for a major April increase. Recent data...
- South Africa Faces Retirement Crisis as Surging Debt and Early Savings Withdrawals Erase Financial Security
Published: Mar 25, 2026
Section: Business & Economy
New research from Eighty20 reveals that only 10% of South Africans believe they can retire comfortably, with older citizens increasingly turning to retail credit and personal loans...
- Persistent Economic Strain Drives Sixty-Two Percent of South African Workers Toward Third Annual Retirement Fund Withdrawal
Published: Mar 16, 2026
Section: Africa
As the 2026/27 tax year commences, data indicates that a majority of pension fund members are accessing their savings for the third consecutive time. High debt levels across all in...